Housing Spotlight

Disappearing Act: Affordable Housing in DC is Vanishing Amid Sharply Rising Housing Costs


Introduction Over the last decade, DC has experienced a rapid rise in housing costs that has contributed to a substantial loss of low-cost housing stock.  Since 2000, the number of low-cost rental units in the city has fallen by half, due primarily to rising prices, and the number of lower-value homes fell by nearly three [...]


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Nowhere To Go: As DC Housing Costs Rise, Residents Are Left With Fewer Affordable Housing Options


The District of Columbia’s housing market boom over the past decade played an important part in the city’s economic revitalization, but it also contributed to a growing affordable housing crisis for low- and moderate-income households.  Since 2000, rents have grown faster in the District than in most major cities — and have outpaced the incomes [...]


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Basics
  
Of Interest                              

The District has a variety of affordable housing tools, each serving a specific purpose and each critical to make housing available all along the continuum of affordable housing needs — from homelessness to homeownership — for DC’s low- and moderate-income residents.  Many of these tools have been developed or revived over the past decade and were endorsed by DC’s 2006 Comprehensive Housing Strategy Task Force, which issued a fifteen-year blueprint to create and preserve more affordable housing in the District. 

–DC Emergency Rental Assistance Program (ERAP)

–DC Local Rent Supplement Program (LSRP)

–DC Housing Production Trust Fund (HPTF)

  

It’s Time for the Council to Update DC’s Low-Income Property Tax Credit (District’s Dime)

Affordable Housing Programs Get a Boost in the Final FY 2013 Budget (District’s Dime)

In DC, low-cost apartments disappearing at rapid rate (Washington Post)